I think there's a good need for the product and a good asset,

Operating two products under the same name has never worked. They've learned a lot from operating a low cost product and now in bankruptcy they can incorporate that into their main line product.

I think that's what they'd want to do, and that's why they're all rushing.

I don't think there's been a massive sale of slots, ... By having a massive amount of slots sold, it'd be a lot more valuable for a carrier like Continental.

At this point, I think it's a high hurdle. If it does happen, it's going to be en masse -- all or nothing.

I didn't think there was an industry in worse shape than the airline industry -- but I have finally found one.